East 33 Balance Sheet Health
Financial Health criteria checks 0/6
East 33 has a total shareholder equity of A$26.8M and total debt of A$16.2M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are A$50.1M and A$23.3M respectively.
Key information
60.5%
Debt to equity ratio
AU$16.23m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.47m |
Equity | AU$26.83m |
Total liabilities | AU$23.32m |
Total assets | AU$50.15m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: E33's short term assets (A$9.9M) do not cover its short term liabilities (A$10.4M).
Long Term Liabilities: E33's short term assets (A$9.9M) do not cover its long term liabilities (A$12.9M).
Debt to Equity History and Analysis
Debt Level: E33's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: Insufficient data to determine if E33's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: E33 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: E33 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.8% each year